Richardson Office Space

Richardson

Office Space Market Report

Number of Listings (last 90 days)
99
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,290
As of: July 22, 2017

Richardson Rates

The typical asking rate per listing is in the $10's per square foot per year. The Richardson submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the DFW Metroplex market, the Richardson region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Richardson Listing Supply

In the last 90 days, 99 listings have been made available, so you'll want to check back regularly for new listings. About 77% of the available space in the Richardson are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,350 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.

Richardson Community

Market Report

Trends and status of the commercial real estate market in Richardson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Richardson.
Research